Current News & Events
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
“Housing affordability is one of the defining economic challenges of our time, and increasing supply is essential to addressing it,” said Jane Fraser, CEO and board chairwoman of Citi. Continue Reading Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Report: San Francisco’s Iconic Transamerica Pyramid to Be Sold
The deal has yet to be finalized and sale price was not disclosed. Continue Reading Report: San Francisco’s Iconic Transamerica Pyramid to Be Sold
Cleveland Real Estate Developer Sentenced to 18 Months for Embezzlement
An investigation found Arthur Fayne spent the pilfered funds on excessive gambling and on luxury travel and shopping. Continue Reading Cleveland Real Estate Developer Sentenced to 18 Months for Embezzlement
Mortgage Application Activity Up 7.1%
The refinance share of mortgage activity increased to 31.6% of total applications. Continue Reading Mortgage Application Activity Up 7.1%
Rihanna Lists L.A. Penthouse for Nearly $25 Million
The recording superstar bought the condo in March 2023 for $21 million. Continue Reading Rihanna Lists L.A. Penthouse for Nearly $25 Million
Realtor.com Introduces Three New Climate Risk Factor Scores
The new scores use data provided by the climate technology company First Street. Continue Reading Realtor.com Introduces Three New Climate Risk Factor Scores
RESAAS Debuts Real Estate Agent Advisory Board
The company is also planning to launch a Global Real Estate Agent Advisory Board focusing outside of North America. Continue Reading RESAAS Debuts Real Estate Agent Advisory Board
Marx Realty Announces New Tenant for NYC’s 10 Grand Central
UpSlide signed a 10-year, 9,536-square-foot lease on the sixth floor. Continue Reading Marx Realty Announces New Tenant for NYC’s 10 Grand Central
Guest Opinion: What Created the Housing Affordability Crisis, and Can it Be Fixed?
Ethereal causes like “corporate greed” have not caused inflation. Continue Reading Guest Opinion: What Created the Housing Affordability Crisis, and Can it Be Fixed?
Texas Home Sales Dropped 11% in 2023
Statewide, homes remained on the market an average of 55 days, 20 days more than in 2022. Continue Reading Texas Home Sales Dropped 11% in 2023
Foreclosure Activity Records Annual Increase
Lenders repossessed 3,397 properties through completed foreclosures (REOs) in February. Continue Reading Foreclosure Activity Records Annual Increase
Hispanic Homeownership Rate Reached 49.5% in 2023
The Hispanic homeownership rate reached 49.5% in 2023, with a net gain of 377,000 owner-households – the largest single-year increase since 2005 and the largest homeownership rate upswing for any racial or ethnic demographic group compared to the year prior, according...
Recent Posts
New Data Reports Highlight Continued Home Price Acceleration- California Gov. Newsom Lists Sacramento-Area Mansion for $7.5 Million
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